Bask on the beach and surround yourself in luxury at the Four Diamond-rated Wailea Beach Marriott Resort & Spa. Let the spectacular beauty of the area whisk you away to one of the most stunning resorts in Maui. The breathtaking accommodations are between two beaches with pristine white sands and endless views of blue water. Capture the essence of our oceanfront setting from the new infinity-edge pool, which features cabanas and views simply not found at other Maui beach hotels. Enjoy a round of golf at the nearby Wailea Golf Club with its world-class Old Blue, Emerald and Gold courses. Unwind at Mandara Spa, which offers an extensive list of services and treatments unique to the resort.

ForbesIt's official — for 2016, the estate and gift tax exemption is $5.45 million per individual, up from $5.43 million in 2015. That means an individual can leave $5.45 million to heirs and pay no federal estate or gift tax. A married couple will be able to shield $10.9 million from federal estate and gift taxes. READ MORE

Accounting TodayThe Securities and Exchange Commission reported on its enforcement results in fiscal year 2015, highlighting several cases involving accounting and auditing lapses. In the fiscal year that ended in September, the SEC said it filed 807 enforcement actions covering a wide range of misconduct, and obtained orders totaling approximately $4.2 billion in disgorgement and penalties. READ MORE

CPA Practice AdvisorAs year-end approaches, clients with children in college should be advised to "take what they can get." For middle-to-upper income parents, the two higher education credits in the tax code are phased out based on modified adjusted income. And the tuition-and-fees deduction, which was previously available to some of these parents, expired after 2014. READ MORE

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AccountingWEBMore than two years after the U.S. Supreme Court, in United States v. Windsor, struck down the section of the Defense of Marriage Act that prohibits same-sex marriages, the Internal Revenue Service and the Treasury Department released new proposed regulations clarifying the federal tax rules for married couples.READ MORE

The National Law Review According to recent estimates, Chinese investors represented the largest group of foreign investors in U.S. real estate in the second quarter of 2015 with $1.9 billion in acquisitions. In the last 12 months, Chinese investors acquired $5.9 billion in commercial U.S. real estate, and Asia was second overall to Europe for foreign investment in U.S. real estate during this period. READ MORE

MarketWatchThe U.S. has the highest corporate tax rate — 39 percent — among the 20 countries surveyed by the Organization for Economic Cooperation and Development.
Yet the average tax rate of 100 biggest S&P companies in 2014 was 28.4 percent, thanks in part to international taxes that are about 24 percent lower than the U.S. rate, according to WalletHub, a personal finance website. READ MORE